Q: Sheridan Corp. incurred the following costs during 2023 in connection with its research and…
A: IAS 38 Intangible assets provides guidelines regarding accounting of intangible assets. An…
Q: 23 Paid Triple M Co., in full. Caleb deposited P 14,000 to the company's bank account. 24 28 Paid…
A: Journal entry Journal entry refers to an entry that is made to record the financial transactions in…
Q: Calculate the present value of the 34 payments of $1,047.00 that will be made by Pina for payments 3…
A: Time Value of Money :— According to this concept, value of money in present day is greater than the…
Q: A review of the ledger of Pharoah Company at December 31, 20XX produces these data pertaining to the…
A: Adjusting entries The journal entries recorded at the end of an accounting year in order to close…
Q: The summarized statement of Financial Position of KISUMU Limited and KAKAMEGA LTD at June 2014 are…
A:
Q: An investment will have a future value equal to Php180,250 after 6 years. It has a nominal rate of…
A: Future value of the investment (F) = Php 180250 r = 10.5% per annum = 2.625% per quarter n = 6 years…
Q: Compute the discount if PhP 2000 is discounted for 6 months at 8% simple interest.
A: Present Value The present value is the value of cash flow stream or the fixed lump sum amount at…
Q: Bob has $2,500 invested in a bank that pays 1% annually. How long will it take for his funds to…
A: A fund is a collection of money set aside for a certain purpose. A fund can be formed for a variety…
Q: Mr. Darden is selling his house for $200,000. He bought it for $164,000 ten years ago. What is the…
A: The annual rate reflects the rate by which the investment increases each year. This is also known as…
Q: A $40,000 loan at 4% dated June 10 is due to be paid on October 11. The amount of interest is…
A: Ordinary interest = Principle * Interest rate * Number of days of loan taken / 360 days in a year
Q: Try to answer some of the following questions regarding your firm's owners and Keep track of the…
A: Stockholders are the part owners of the company. They are the investors (general public) that…
Q: please answet the following question thanks
A: Minimum transfer price is the amount which is paid to one division by the other after purchasing the…
Q: Convert the following nominal rates to its corresponding effective rates: Nominal rate 3% co. semi…
A: Nominal Rate and Effective Rates are different from each other as nominal rate implies indicative…
Q: Kingbird Enterprises is using a discounted cash flow model. Identify which model Kingbird might use…
A: There are two approaches of estimating the fair value Traditional Approach Expected cash flow…
Q: Which of the following is true with respect to a mortgage? O A mortgage with respect to real estate…
A: Hi, since you have posted multiple questions, we will answer only the first one, as per authoring…
Q: Accumulate $2000 for 3 years at 7% simple interest. O I = $420; F = $2420 %3D %3D O 1= $4200; F=…
A: Amount (P) = $2000 n = 3 years r = 7%
Q: Candy Company had sales of $320,000 and cost of goods sold of $112,000. What is the gross profit…
A: Gross Profit ratio = [(Sales - Cost of goods sold)/Sales]
Q: At 6% simple discount, find the present value of $300 which is due at the end of 90 days. What is…
A: Discount rate (d) = 6% Amount (P) = $300 n = 90 days
Q: How much is the total assets for 2021?
A: Total Assets = Net Book value of Non current assets or Plant and equipments + Total current assets
Q: Mr. Bienvenido Bautista needs a fund of Php1,000,000 to renovate his house. To provide for this, he…
A: It can be calculated using =NPER(rate,pmt,pv,[fv],[type]) Rate The interest rate for the loan. Nper…
Q: answer the question now its econ answer it now!!!
A: Net benefits refer to the estimation of all the benefits summed up and the sum of all the costs…
Q: E9.22 (LO 2) Caan Corporation produces industrial robots for high-precision manufacturing. The…
A: Cost per unit is the amount of cost incurred on the making or selling of a unit of product. If the…
Q: man borrowed PhP 300,000 and agreed to pay his bligation by paying 8 equal annual payment of PhP…
A: Loans are paid by the annual payments that carry the payment of interest and payment of principal…
Q: Marin Inc. manufactures cycling equipment. Recently, the company's vice-president of operations has…
A: STEP 1 Coupons may or may not be connected to a bond. A coupon is expressed as a nominal percentage…
Q: 1. What is the correct net sales for the year? 2. What is the correct cost of sales for the year? 3.…
A: You have asked four sub-parts of the question but as our protocol is to solve first three sub-parts…
Q: Calculate missing amounts in responsibility reports for three profit centres, and prepare a…
A: 1. Calculation of missing amounts: Given information Operating data Women's Shoes Men's Shoes…
Q: Required information Convers Corporation (calendar year-end) acquired the following assets during…
A: MACRS depreciation:- In United States, the depreciation method utilized for tax purposes is…
Q: Instructions a. Prepare a budget report based on flexible budget data to help Kajsa. b. Should Kajsa…
A: A flexible budget is a financial plan which uses the revenue and expenses of current production as a…
Q: Use the following table to answer the following questions below (21-23): ed swer Po 3 20 10 18 1.5…
A: A price-weighted index is a type of stock market index where the constituent stocks are weighted by…
Q: How many years are needed for P40,000 to yield P13,756.66 if invested at 6% converted semi-annually…
A: Given, Interest rate 6% compounded semi annually So, Interest rate per semi annual = 6%/2 = 3%…
Q: The future value of an investment is Php5,500,000 while its present value is Php3,500,000. It has a…
A: Let the quarterly rate = r n = 13 years = 52 quarters Future value (F) = Php 5500000 Present value…
Q: 18. Hormonal Company has P1,000.000 ordinary life insurance policy on the president. The policy year…
A: “Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Net earnings on an accrual basis
A: The income retained by a firm company after account for its operating cost, taxes, interest, and…
Q: The furniture store offers you no-money-down on a new set of living room furniture. Further, you may…
A:
Q: You and your spouse are in good health and have reasonably secure careers. You make about $75,000…
A: The family need approach determines the amount of life insurance needed to cover the needs of the…
Q: What are the risks in the following internal control standard if it is not followed: L. Documented…
A: A strong internal control prevent or minimize the risk. A poor internal control will create the…
Q: A man borrowed P12,000 and agreed to repay it with P4,650.70 interest. If the interest is 6%…
A: Interest rate = 6% Compounded quarterly (r) = 6%/4 = 1.5% Present value (PV) = 12,000 Interest…
Step by step
Solved in 3 steps
- Please answer this question correctly ASAP. Thank you.What is the FV of $1,000 in 15 years if it earns an annual rate of 9.5% monthly compounded? O $4,375.19 O $4.177.17 $4,134.59 O $4,089.17What will be the future value of $5 000 invested for six years at 8% per annum compounded annually? Select one: a. $7 543.46 b. $7 923.37 c. $7 934.37 d. $6 532.81
- How much will $7500 in savings today be worth 5 years from now if it earns 6%, compounded monthly? a. $11,465 b. $15.091 c. $7.955 d. $247,408 e. $7,686How long will it take money to double itself if invested at 10% compounded annually? O a. 7.72 YEARS O b. 8.72 YEARS O c. 7.27 YEARS O d. 8.27 YEARSAt what rate must Rm50,000 to grow to 406,855 IN 15 years compounded annually? Select one: a. 18% b. 19% c. 15% d. 20%
- What is the present value of $14,000 to be received in one year if the interest rate is 8% p.a.? a. $6000 b. $15120 c. $12963 d. $22000Find the present value of each future amount 6.3% to 25) $15,402 for 120 day si money earn.17. What is the present value of a $5,500 perpetuity starting in a year's time, then growing by 4% per annum with a discount rate is 14%? A $55,000 B $50,000 C $37,500 D $44,650
- 5. What amount should be invested now at 6% per year, compounded annually, to generate a retirement income of $35 000 per year for 15 years? a. $339 929 b. $504 582 c. $814 659 d. $543 779 undedHow long will it take $200 to double if it earns the following rates? Compounding occurs once a year. A. 18% B. 100%How much would $1, growing at 13.7% per year, be worth after 75 years? a. b. C. d. e. $18,248.03 $18,704.24 $15,358.76 $13,533.96 $15,206.70